Broward, Palm Beaches & St. Lucie Realtors®

View Original

Palm Beach County CARES Mortgage Assistance Program

Palm Beach County Department of Housing and Economic Sustainability hereby announces its 2nd round of funding availability in CARES Act funds for temporary relief to homeowners.

September 29, 2020 Update

  • Mortgage Assistance:  CARES Act funding will provide assistance to income eligible households who are delinquent in their first mortgage and escrow payments (PITI).  Additionally, funding may assist with late fees, attorney's fees, condominium and homeowners' association payments, special assessments, and other mortgage associated costs related to COVID-19.  

    Maximum Award$10,000 (Up to six {6} months mortgage and HOA payments, but not to exceed $10,000 nor December 2020)

  • Program Terms: Financial Assistance will be awarded as a grant

  • Applicant Selection Criteria: Applicants must complete an online application starting Friday, October 9, 2020 to Monday, November 16, 2020. Applications will be accepted on a first come, first qualified, first served basis, subject to funding availability.  Applicants must meet the program requirements, at the time of application submittal.

Household Size and Income Categories Served: